Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRockfire Share News (ROCK)

Share Price Information for Rockfire (ROCK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.775
Bid: 0.75
Ask: 0.80
Change: 0.00 (0.00%)
Spread: 0.05 (6.67%)
Open: 0.775
High: 0.775
Low: 0.775
Yest. Close: 0.775
ROCK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Rockfire waits on drilling results at gold project

Wed, 9th Sep 2020 09:10

(Sharecast News) - Rockfire Resources is waiting for drilling results after discovering an important sulphide at its Plateau gold project in Queensland, Australia.
The gold and copper miner said it had almost completed a programme to drill six holes at the site to discover whether it has the same potential as its existing Mt Wright mine nearby. It has found various sulphides including pyrrhotite, which is present at Mt Wright.

The AIM-traded company said it was drilling to 500m depth at Plateau to find a higher-grade core in addition to the large, low-grade system discovered so far. Rockfire raised almost £1m in net funds in July to fund the drilling programme.

"Pyrrhotite is an important component of the high-grade core at Mt Wright and Rockfire is keenly awaiting further drill results, including core from this pyrrhotite zone," Rockfire said. "The company is encouraged by the observation of these sulphides, indicating multiple mineralising episodes which is often favourable for gold deposition and enrichment."

Rockfire published its update alongside interim results which showed is loss narrowing to £274,098 from £290,021 as costs fell to £275,202 from £290,022. The company had no income.

The company's shares fell 2.2% to 1.1p at 09:51 BST.

More News

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

6 May 21 19:25

Rockfire Resources raises £0.85m to fund drilling programmes

(Sharecast News) - Gold and base metal exploration and development company Rockfire Resources has successfully completed a placing of new shares, it announced on Thursday, raising gross proceeds of £0.85m, to fund a number of inaugural drilling programmes at the Copper Dome and Copperhead projects, as well as ongoing drilling at the Plateau Gold Deposit.

6 May 21 15:05

Rockfire Resources says survey finds new targets at Plateau

Rockfire Resources says survey finds new targets at Plateau

23 Apr 21 10:32

Rockfire Resources announces multiple new targets at Plateau

(Sharecast News) - Gold and base metals exploration company Rockfire Resources announced on Friday that a ground magnetic survey had highlighted multiple new target structures at its wholly-owned Plateau gold deposit in the north of the Australian state of Queensland.

23 Apr 21 10:26

IN BRIEF: Rockfire survey returns larger target at Copper Dome project

IN BRIEF: Rockfire survey returns larger target at Copper Dome project

14 Apr 21 11:57

TRADING UPDATES: Impellam and Everyman Media turn to full-year loss

TRADING UPDATES: Impellam and Everyman Media turn to full-year loss

8 Apr 21 11:40

IN BRIEF: Rockfire completes soil sampling, finds copper prospect

IN BRIEF: Rockfire completes soil sampling, finds copper prospect

1 Apr 21 06:54

IN BRIEF: Rockfire Resources confirms Plateau results after sampling

IN BRIEF: Rockfire Resources confirms Plateau results after sampling

29 Mar 21 21:16

TRADING UPDATES: Arden Partners to return to annual profitability

TRADING UPDATES: Arden Partners to return to annual profitability

24 Mar 21 16:44

TRADING UPDATES: Total Produce Merges With Dole; Ad Screens For Sports

TRADING UPDATES: Total Produce Merges With Dole; Ad Screens For Sports

17 Feb 21 12:13

IN BRIEF: Rockfire Resources Finds Gold Anomaly In Jeddah Prospect

IN BRIEF: Rockfire Resources Finds Gold Anomaly In Jeddah Prospect

10 Feb 21 15:24

IN BRIEF: Rockfire Resources Pleased With Bell Rock Soil Results

IN BRIEF: Rockfire Resources Pleased With Bell Rock Soil Results

3 Feb 21 20:16

Rockfire's Plateau Gold Deposit tops 200,000 ounces

(Sharecast News) - Gold and base metal exploration and development company Rockfire Resources announced on Friday that its wholly-owned Plateau Gold Deposit in Queensland Australia, had surpassed a JORC 2012 mineral resource of 200,000 ounces of gold.

29 Jan 21 16:26

IN BRIEF: Rockfire Surpasses 200,000 Ounces Of Gold At Plateau Deposit

IN BRIEF: Rockfire Surpasses 200,000 Ounces Of Gold At Plateau Deposit

29 Jan 21 11:14

AIM WINNERS & LOSERS: Rockfire Rallies As Plateau Resource Surges

AIM WINNERS & LOSERS: Rockfire Rallies As Plateau Resource Surges

29 Jan 21 10:35

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.